Comments on: Trading off upside vs. track record http://blog.givewell.org/2012/01/19/trading-off-upside-vs-track-record/ Exploring how to get real change for your dollar. Tue, 21 May 2013 18:00:46 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: Kayla http://blog.givewell.org/2012/01/19/trading-off-upside-vs-track-record/comment-page-1/#comment-271964 Kayla Fri, 02 Mar 2012 20:48:21 +0000 http://blog.givewell.org/2012/01/19/trading-off-upside-vs-track-record/#comment-271964 I think it’s just human nature to assume upside. We all think we have the ‘next big thing’, we all think it’s possible to win the lottery, we all think our kids are the next prodigy, etc, but when it comes to philanthropy I think it’s much smarter to go with the sure thing instead. Worst case scenario you’re helping somewhere that is truly needed, and best case scenario that ‘sure thing’ becomes something that has much more upside than anticipated.

I guess I’m trying to say is I would prefer to minimize the
downside than take a chance on unlimited upside.

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